Insight

The oil sector contributed 9.5% to the total real GDP in Q1 2020, up from 9.22% recorded in the corresponding quarter. Also, the sector’s contribution to GDP increased when compared to 7.32% recorded in the fourth quarter of 2019.

It should be noted that in the first quarter of 2020, the average daily oil production was 2.07 million barrels per day (mbpd) which was 0.08mbpd increase compared to the daily average production of 1.99mbpd recorded in the corresponding quarter of 2019

The Non-oil sector: In real terms, the non-oil sector grew by 1.55% in the first quarter of 2020, which was 0.93% points lower than the rate recorded in the same quarter of 2019 and 0.72% point lower than the rate recorded in the fourth quarter of 2019.

Special Reports

Nairametrics Exclusive Research!

2019 Full year Deals Book

During the year, Nairametrics Research captured about 90 major corporate deals in Nigeria in the year ended 2019. Very diverse deals- Deals cut across the financial services sector, tech, agro-commerce, transportation and entertainment etc.

Q2 Deals Book

This report summarises some of the corporate deals that were announced in the Second Quarter of 2019. Information about the deals was gathered from official press releases and media reports sourced by Nairametrics Research.

Q3 Deals Book

This report summarises some of the corporate deals that were announced from First to Third Quarter of 2019. Information about the deals was gathered from official press releases and media reports sourced by Nairametrics Research.